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This account type is a great gateway to the world of trading and comes with several perks that add value to your trading experience. Please note that Classic account charts show market and spreads without the mark up. *The minimum deposit may vary depending on the base currency.
ECN is currently the most popular type of trading account and is suitable for absolutely any investor (including a Forex trader) regardless of their goals. An ECN account is the real choice for professionals and those who want to achieve perfect order execution and price accuracy.
The Zero account offers spreads that initiate from 0.0 pips, complemented by a USD 4.50 commission.In contrast, the Classic Account incorporates the commission within the spread.
The Difference between an ECN and a Standard Account
ECN trades are executed when the broker connects the trader directly to liquidity providers. This is a non-dealing desk model. Standard account trades are filled from within the broker's partner pool, rendering this a market-making model.
Introduction: My name is Arielle Torp, I am a comfortable, kind, zealous, lovely, jolly, colorful, adventurous person who loves writing and wants to share my knowledge and understanding with you.
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